Form 990 for tax year 2022
Filed by LAKE OSWEGO ROTARY FOUNDATION INC.
Totals
- Total revenue
- $345,946
- Total expenses
- $352,869
- Contributions and grants received
- $338,980
- Grants paid
- $215,860
- Program service revenue
- $0
- Investment income
- $1,171
- Other revenue
- $5,795
- Total assets, end of year
- $344,237
- Total liabilities, end of year
- $45,141
- Net assets or fund balances, end of year
- $299,096
- Program services expenses (Part IX)
- $235,132
- Management and general expenses
- $1,573
- Fundraising expenses
- $116,164
- Program service expenses (Part III)
- $235,132
Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$320,262
-
1d · Related organizations
$950
-
1f · All other contributions, gifts and grants
$17,768
-
3 · Investment income
total $1,171 · related or exempt $1,171
-
8a · Fundraising events: contributions included on line 1c
$320,262
-
9a · Gaming: gross income
$8,700
-
9b · Gaming: direct expenses
$2,905
-
9c · Net income from gaming
total $5,795 · related or exempt $5,795
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $160,871 · program services $160,871
-
2 · Grants to domestic individuals
total $32,090 · program services $32,090
-
3 · Grants to foreign organizations and individuals
total $22,899 · program services $22,899
-
11g · Fees: other
total $135,436 · program services $19,272 · fundraising $116,164
-
24a · Other expenses: BANK CHARGES
total $319 · management and general $319
-
24b · Other expenses: OTHER ADMIN EXP
total $890 · management and general $890
-
24c · Other expenses: SUPPLIES
total $85 · management and general $85
-
24d · Other expenses: TAXES LICENSES FEES
total $279 · management and general $279
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $176,329 · end of year $220,209
-
2 · Savings and temporary cash investments
beginning of year $88,320 · end of year $89,485
-
4 · Accounts receivable
beginning of year $1,460 · end of year -$6,675
-
11 · Investments: publicly traded securities
beginning of year $39,925 · end of year $41,218
-
17 · Accounts payable and accrued expenses
beginning of year $14,152 · end of year $45,141
-
31 · Retained earnings, endowment or other funds
beginning of year $291,882 · end of year $299,096
Mission and programs · 2022
Mission
THE LO ROTARY FOUNDATIONS MISSION IS TO FURTHER THE HUMANITARIAN GOALS OFROTARY INTERNATIONAL BY GENERATING FUNDS FOR SCHOLARSHIP & GRANTS; PROVIDINGMATERIALS TO IMPROVE THE LIVES OF THOSE IN NEED WITHIN THE LOCAL COMMUNITY ANDSUPPORTING SELECTED ROTARY PROJECTS WORLDWIDE.
-
SUPPORT FOR LAKEWOOD CENTER FOR THE ARTS, A COMMUNITY MULTI-ARTS THEATRE FACILITY WHOSE GOALS INCLUDE THE SPONSORSHIP AND COORDINATION OF EDUCATION AND CULTURAL PROGRAMMING IN VISUAL ARTS, THEATRE AND COMMUNITY EVENTS.
Expenses $113,109 · Grants $113,109
-
SERVICE ABOVE SELF SCHOLARSHIPS, AN ANNUAL EVENT DESIGNED TO CELEBRATE STUDENTS, EDUCATOR, STAFF, AND COMMUNITY CITIZENS WHO EXHIBIT SERVICE ABOVE SELF EDUCATIONAL EXCELLENCE.
Expenses $34,272 · Grants $15,000 · Revenue $34,272
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $23,090 · Grants $22,180
-
SUPPORT OF INTERNATIONAL PROJECTS IN CENTRAL AND SOUTH AMERICA, AFRICA AND THE MIDDLE EAST. PROJECTS INCLUDE SUPPORT FOR BUILDING SCHOOLS AND EDUCATIONAL INFRATRUCTURE, SANITATION & WATER PROJECTS, SUPPORTING GIRLS & WOMEN BY PROVIDING ACCESS TO EDUCATION, SUPPORT WITH RESPONSE TO NATURAL DISASTERS.
Expenses $22,899 · Grants $22,800
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $16,950 · Grants $16,950
-
LOBSTER FEED BENEFICIARIES - 3 LOCAL NON-PROFITS CHOSEN TO RECEIVE A PERCENTAGE OF LOBSTER FEED PROCEEDS.
Expenses $14,319 · Grants $14,319
-
ACTIVITIES TO PROMOTE PEACE WITHIN OUR COMMUNITY AND INTERNATIONALLY
Expenses $8,346 · Grants $7,993
-
SUPPORT LOCAL COMMUNITY PROJECTS SUCH AS HELPING OUT AT THE LOCAL FARMERS MARKET, CLEANING COMMUNITY BUILDINGS AND GARDENS, HELPING TO SERVE MEALS FOR THE MEALS ON WHEELS PROGRAM, PROVIDE FOOD BASKETS & FINANCIAL ASSISTANCE TO UNDERSERVED STUDENTS IN THE COMMUNITY AND THEIR FAMILIES.
Expenses $2,147 · Grants $2,147
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Lloyd HillLLOYD HILL
INTERNATIONAL SERVICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Michael DottenMICHAEL DOTTEN
MEMBERSHIP CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Robin KrakauerROBIN KRAKAUER
COMMUNITY SERVICE CO CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
David WolfDAVID WOLF
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Mark BirgeMARK BIRGE
ROTARY FOUNDATION CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Lal BhatiaLAL BHATIA
VOCATIONAL SERVICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Nell DiamondNELL DIAMOND
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Ken PerigoKEN PERIGO
PUBLIC IMAGE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Jay HamachekJAY HAMACHEK
CLUB ADMIN CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Paul Van RoonPAUL VAN ROON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Susan StohlSUSAN STOHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Anekonda ThimmappaANEKONDA THIMMAPPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kevin CostelloKEVIN COSTELLO
NEW GNERATIONS CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Tina Colson-JonesTINA COLSON-JONES
COMMUNITY SERVICE CO CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Robert LiddellROBERT LIDDELL
EXECUTIVE SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Matt ChristmanMATT CHRISTMAN
ALLOCATIONS CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Peter YorkPETER YORK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
William OneillWILLIAM ONEILL
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 0
-
Candace JenningsCANDACE JENNINGS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ROTARY INTERNATIONAL
SERVICE ORGANIZATION PROVIDING HUMANITARIAN SERVICE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431269349300108
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